Real Estate News Roundup: Broker Certification Tightened as Major Urban and Infrastructure Projects Advance
Vietnam’s real estate market is seeing notable developments in policy, land administration and housing supply. A fine of up to VND 60 million is prompting real estate brokers to complete their professional practice certificates, although some people have finished their courses for months without having an examination schedule. In the draft amended Housing Law, the Ministry of Construction has proposed removing the provision allowing foreign organizations and individuals to purchase villas and adjoining houses, while retaining ownership rights for apartments. In Ho Chi Minh City, nearly 9,400 hectares of land remained unused, including more than 4,700 hectares of land recovered by the State but not yet allocated or leased as of the end of 2025. The city has also requested shorter processing times for land-related applications, support for online submissions and an end to repeated returns of incomplete dossiers. In urban and infrastructure development, Hung Yen expects to complete more...